Sponsor: Planning Office for Urban Affairs (POUA) and the Greater Haverhill Foundation
Loan Approved: April 28, 2015
MHP committed $1.85 million to help the Planning Office for Urban Affairs (POUA) and the Greater Haverhill Foundation construct 50 new rental units in Haverhill.
TYPE: New construction
WHERE: 20-54 Merrimack Street, Haverhill.
WHAT: New construction of 50 rental units.
AFFORDABILITY: All units affordable at 60 percent AMI.
MHP FINANCING: $1.85 million first mortgage.